What’s the difference between a buyer advocate and a real estate agent?

You’ll see them at open for inspections and auctions. In their orange vests and badges, clutching Ipads and clipboards, they are checking out houses for clients. ?Mal James of James Buyer Advocates (he’s the one in the checked hat) and his team specialise in finding properties in the $1million plus range for clients. Buyers’ advocates do not sell real estate. They act solely in the interests of the buyer. The real estate agent, in contrast, acts for the seller. While the role of the buyer ...
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Good news for aspiring property buyers in Melbourne and Sydney

Aspiring property buyers in Melbourne and Sydney will soon have the opportunity to minimise those necessary but pesky property inspection costs when buying a home. https://vimeo.com/121581102 Easy Inspect, a Melbourne based startup, aims to use its platform to pool interest and crowd-source property inspection resources to drive down the cost of property pre-purchase inspection services which, for a combined structural and pest report, market price currently stands at around the $600 mark....
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Credit Savvy™ launches to help Australians access and understand their credit score

CreditSavvy.com.au launches today, providing Australians with free access to their credit score and resources to understand and manage their credit reputations. This free consumer initiative is backed by Aussie Home Loans, which has long been an advocate of empowering consumers and helping them get a better deal. Founder and Executive Chairman of Aussie, Mr John Symond AM, said “Consumers need to be on the front foot when it comes to understanding and managing their credit reputation. It ...
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9 Million New Homes To Meet International Report Projections

“Australia will need more than 9 million new homes to meet the needs of the population projected in the Intergenerational report released today,” Wilhelm Harnisch CEO of Master Builders Australia said. “The nation will need to more than double its current housing stock over the next 40 years to accommodate the expected 1.3 per cent in annual population growth,” he said. “The key challenge will be to tackle intergenerational housing affordability in order to preserve home ownership as a fun...
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Realestate.com releases Apartment Hotspots List

Victoria has had the most searches for off the plan apartments nationally over the past three months, according to realestate.com.au’s New Apartment Hotspots list. . The following ten Australian suburbs have had the most views for off-the-plan apartments in the past three months: 1. Collingwood (VIC) 2. Hampton (VIC) 3. Lane Cove (NSW) 4. Mosman (NSW) 5. Melbourne CBD (VIC) 6. Brisbane City (QLD) 7. Rhodes (NSW) 8. Wollongong (NSW) 9. Carlton (VIC) 10. Richmond (VIC) Victoria has...
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Overseas Buyers Creating ‘Seismic Changes’

A Federal Government proposal to charge foreign buyers application fees each time they buy property in Australia is ‘tickling around the edges’ - and it won’t tackle the ‘seismic’ changes in Melbourne’s housing market. Mal James of James Buyer Advocates in Melbourne says 50 to 75 per cent of properties on the books of some real estate agents are now being sold to overseas buyers. He says the latest Government proposal won’t slow the influx of international buyers snapping up properties in Mel...
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Sydney land prices now rising faster than houses

21 February 2015: Sydney’s median residential land price increased by 19.7 percent over 2014 and the city clearly remains the most expensive of all the state capitals, according to data from the Domain Group. The December quarter median land price of $390,000 was well ahead of Melbourne at $245,000 and Brisbane $237,950. Dr Andrew Wilson, Senior Economist, Domain Group, commented; “Sydney’s annual land prices increased at the fastest rate in over a decade and recorded stronger growth than...
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Australian Online Lender launches 3 year deal at 4.48%PA

Online lender loans.com.au has turned its sights on fixed rate home loans and launched a three-year deal at 4.48 percent p.a in a move that has observers predicting it could be time to fix your mortgage interest rate. With a comparison rate of just 4.53 percent p.a, it undercuts the big four, who each offer three-year fixed rates of 4.94 percent with annual fees from $340. Mr Kim Cannon, Managing Director of Firstmac, the financial powerhouse behind loans.com.au Pty Ltd, said increasingly ...
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